{"id":299447,"date":"2019-11-05T10:51:46","date_gmt":"2019-11-05T05:21:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299447"},"modified":"2019-11-05T11:12:55","modified_gmt":"2019-11-05T05:42:55","slug":"oil-prices-rise-on-us-china-trade-deal-hopes-and-improved-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-on-us-china-trade-deal-hopes-and-improved-outlook\/","title":{"rendered":"Oil prices rise on US-China trade deal hopes and improved outlook"},"content":{"rendered":"<p>Oil prices rose $1 a barrel on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month. <\/p>\n<p>Brent crude futures for January rose $1.03, or 1.7% to $62.72 a barrel by 10:26 a.m. CST (1613 GMT). December U.S. crude futures was up $1.10 cents, or almost 2%, at $57.30 a barrel. <\/p>\n<p>Brent traded near its highest in more than a month as market optimism about progress in U.S.-China trade negotiations propelled U.S. stock indexes to record highs, helping to elevate oil. <\/p>\n<p>Chinese President Xi Jinping and U.S. President Donald Trump have been in continuous touch through &#8220;various means,&#8221; China said on Monday, when asked when and where the two leaders might meet to sign a trade deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose $1 a barrel on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month. Brent crude futures for January rose $1.03, or 1.7% to $62.72 a barrel by 10:26 a.m. CST (1613 GMT). December U.S. crude futures was up $1.10 cents, or almost 2%, at $57.30 a barrel. Brent traded near its highest in more than a month as market optimism about progress in U.S.-China trade negotiations propelled U.S. stock indexes to record highs, helping to elevate oil. Chinese [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-299447","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299447"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299447\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}